National carrier Kenya Airways has trimmed its half-year loss to Sh9.9billion from a Sh11.5billion loss posted in the same period last year attributed to increased revenues. The Group’s total revenue …
Kenya
- BuildingKenyaReal Estate
Competition Authority of Kenya Approves Maanzoni Lodge’s acquisition of 680 hotel
The Competition Authority of Kenya (CAK) has approved the acquisition of Mayhouse Limited, the company that owns 680 hotel, by Maanzoni Lodge Limited. The acquisition comes at a time the …
Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen for an undisclosed value, deepening the auto firm’s interest in the growing clean energy market and …
The United Kingdom has protested Kenya’s impending ban on second-hand imports of buses and trucks, fearing the embargo will cut the flow of used commercial vehicles from the European country. …
- Banking, Finance & InvestmentBusinessKenyaUncategorized
Equity net profit increases to Sh24.4 billion in the half o
Equity Group has posted a 36 percent jump in net profits to Sh24.4 billion in the first half of this year on increased lending and strong performance of non-funded income. The …
- BusinessEconomyKenya
KFCB bell Local Creators and other stakeholders to Submit Comments On Self-Regulatory Framework
The Kenya Film Classification Board (KFCB) has called on local creatives and other stakeholders to submit their input for the proposed self-regulatory framework for the film industry, as it seeks …
Nairobi is set to play host to the AgroFoodpack Exhibition which seeks to boost local enterprises’ production capacity. The three-day expo set for September 2 -4 at the Sarit Centre …
- BusinessEconomyKenya
Shanta gold describe a net loss of Sh874 million in its West Kenya project last year
Shanta Gold reported a net loss of $7.3 million (Sh874.7 million) in its West Kenya project last year, reflecting the capital expenditure it is making with a goal of starting …
- AfricaAFRICA NEWSBusinessEastern AfricaINVESTMENTKenyaKenya NewsKenyan NewsNewsTechnologyTransportation & Logisitics
Google invests in African e-logistics firm Lori Systems
Lori Systems, the e-logistics company digitising haulage and providing shippers with solutions to efficiently manage their cargo and transporters has raised a pre-Series B round in which Google participated along …
- Banking, Finance & InvestmentEconomyKenya
Bank Of Kigali Books Sh926mn New Diaspora Customer Deposits In Four Months
Kigali Bank has booked Sh926million new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new customers following a successful marketing campaign …